SEC Form EFFECT filed by Better Home & Finance Holding Company
UNITED STATES | |
SECURITIES AND EXCHANGE COMMISSION | |
Washington, D.C. 20549 | |
Notice of Effectiveness | |
Effectiveness Date: | June 6, 2025 4:00 P.M. |
Form: | S-3 | ||||||
|
UNITED STATES | |
SECURITIES AND EXCHANGE COMMISSION | |
Washington, D.C. 20549 | |
Notice of Effectiveness | |
Effectiveness Date: | June 6, 2025 4:00 P.M. |
Form: | S-3 | ||||||
|
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4 - Better Home & Finance Holding Co (0001835856) (Issuer)
4 - Better Home & Finance Holding Co (0001835856) (Issuer)
3 - Better Home & Finance Holding Co (0001835856) (Issuer)
New Bank Statement HELOC program gives millions of small business owners, freelancers, and gig workers a fair chance to access cash or consolidate their debts through home equity Better Home & Finance Holding Company (NASDAQ:BETR) ("Better.com," "Better," "we" or "our"), the leading AI-native home finance company, today announced the launch of its new Bank Statement Home Equity Line of Credit (HELOC) program, built for self-employed borrowers and small business owners that don't fit the traditional W2 mold for HELOC underwriting. This home equity program launch reinforces Better's position as one of the fastest-growing AI-native home equity lenders in the US. This press release features
Fillis and Gascho make the move to NEO, finding the freedom and support that surpasses traditional broker models. NEO Home Loans powered by Better, a mortgage lender combining elite loan advisors with industry-leading technology to redefine the home financing experience, proudly announces that brokers Daryn Fillis and Erik Gascho have joined the company. After years of building successful businesses within the broker channel, Fillis and Gascho sought a model that delivered the true transparency, control, and partnership they had been promised but rarely experienced. Their move to NEO Home Loans powered by Better reflects a shift in the broker landscape, where savvy originators are seeki
Better Solidifies Position as the Fastest-Growing AI-Native Home Equity Lender Better Home & Finance Holding Company (NASDAQ:BETR) ("Better.com"), the leading AI-native homeownership company, today announced that its Home Equity Line of Credit (HELOC) product has collectively helped customers pay off more than $193 million in debt while growing it's home equity products 166% YOY — underscoring Better's impact as the fastest-growing digital home equity lender in the market. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250910427830/en/HELOC Debt Consolidation Homeowners are increasingly turning to home equity lending tools as
8-K - Better Home & Finance Holding Co (0001835856) (Filer)
424B5 - Better Home & Finance Holding Co (0001835856) (Filer)
SCHEDULE 13D/A - Better Home & Finance Holding Co (0001835856) (Subject)
4 - Better Home & Finance Holding Co (0001835856) (Issuer)
Industry veterans make rare move from loanDepot to NEO, aligning with a tech-forward, advisor-centric model built for long-term growth NEO Home Loans powered by Better, a mortgage lender combining elite loan advisors with industry-leading technology to redefine the home financing experience, proudly announces the addition of the Gustafson Team, a top-producing group that funded over $110 million in volume across 303 loans in 2024. Backed by nearly 30 years of mortgage experience, the high-performing team brings deep industry expertise and a long-standing track record of success to NEO's next-generation model. After spending the last 15 years at loanDepot, the Gustafson Team made the dec
Better Home & Finance Holding Company (NASDAQ:BETR) ("Better.com"), the AI-powered digital homeownership company, announced it has hired Leah Price to lead the Tinman™ AI Platform as it offers its technology platform and software to lenders across the country. Tinman® is an AI-driven automated rules-based decision engine and software platform that removes bottlenecks from the traditional home transaction process. The platform connects, automates, and optimizes mortgage origination and homeownership services to deliver an end-to-end solution for customers. This software platform and engine enables a range of loan and financial services, combining a point-of-sale system, CRM system, pricing
Retiring approximately $530 million of convertible notes through restructuring of existing convertible notes in exchange for $110 million of cash and $155 million of new debt Expected creation of approximately $265 million of pre-tax equity, excluding discounts on the debt Better has signed a new indenture for $155 million in new notes maturing December 31, 2028, with a 6% PIK annual interest rate Strategic rationale for transaction includes reducing debt overhang of the Company and improving balance sheet positioning and strategic optionality Management remains focused on driving towards profitability in the midterm. Continue leaning into Tinman™ technology and AI, with Betsy™ AI
Q2 2025 Funded Loan Volume of $1.2 billion, up 25% year-over-year Expect 2025 Funded Loan Volume to increase over 2024 driven by tailwinds from growth initiatives including our Tinman AI Platform channel Expect further improvements to Adjusted EBITDA losses in 2025 as compared with 2024 due to a combination of AI-driven improvements in conversion rates, efficiency gains and continued corporate cost reductions Retired approximately $521 million of convertible debt with Softbank in Q2'25, creating over $210 million of positive pre-tax equity value Focused on reaching Adjusted EBITDA breakeven by the end of Q3 2026 Better Home & Finance Holding Company (NASDAQ:BETR, BETRW)) ("B
Better Home & Finance Holding Company (NASDAQ:BETR, BETRW)) ("Better" or the "Company") intends to announce its second quarter 2025 results before market open on Thursday, August 7, 2025. A conference call and webcast to discuss those results will be held the same morning at 8:30 a.m. ET. Details to register for the live webcast and to listen to the call by phone will be available on the Company's investor relations website located at investors.better.com and are included below. Please join the webcast at least 10 minutes prior to the start time. A replay will be available on the Company's investor relations website shortly after the call ends on August 7, 2025. * Webcast Details * Ev
Q1 Funded Loan Volume of $868 million, up 31% year-over-year Expect Q2 Funded Loan Volume to increase compared to Q1 driven by efficiencies in our Timan AI platform Expect 2025 Funded Loan Volume to increase over 2024 driven by tailwinds from growth initiatives including NEO Powered by Better as part of our Tinman AI Platform channel Diversifying Better's distribution channels by leveraging Tinman™ as a platform to power retail loan officers with early rapid growth in NEO Powered by Better, and as a software licensing platform for banks with the onboarding of our first bank partner to power their entire mortgage platform across consumer and wholesale channels via Tinman Further exp
SC 13D/A - Better Home & Finance Holding Co (0001835856) (Subject)
SC 13D/A - Better Home & Finance Holding Co (0001835856) (Subject)
SC 13D/A - Better Home & Finance Holding Co (0001835856) (Subject)